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The Bank of Japan is widely expected to stick to its monetary policy tightening campaign as inflationary pressures in its capital city of Tokyo reaffirm the bank's economic projections. But market participants remain divided over the timing of the next hike.
Over the past week, markets tumbled as fears ricocheted around the world about the health of the U.S. economy, tech sector and more. No market bore the brunt as much as Japan.
Stefan Angrick is a senior economist and associate director with Moody's Analytics in Tokyo.
Stefan Angrick is a senior economist and associate director with Moody's Analytics in Tokyo.
TOKYO – No Japanese leader wants to preside over a bad milestone — like your economy dropping from No 3 to No 4 globally.